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Actually, the Luddites in the current conversation are the ones decrying technological advancement itself. On the policy side, they tend to favor propping up o
by wutbrodo 13y ago
Actually, the Luddites in the current conversation are the ones decrying technological advancement itself. On the policy side, they tend to favor propping up old, inefficient industries (essentially subsidizing them at the expense of the rest of the population).
A basic income has been considered common sense in economic theory for a long, long time (as in, it's been discussed by economists for at least a century). It has less to do with the obsolescence of human labor than it does to the fact that it's simply grossly inefficient to tie "the ability to take entrepreneurial risk" to "I was born middle-class or higher".
- lifeisstillgood 13y agoAnd thank you for crystallising that thought in my head - we are seeing a boom in entrepreneurship because the cost and risk of being one is dropping. And drop it further still will see an increase also - put your faith in human's need to do creative productive work. No matter what.